Successful backtest, What's next??

[philxhong]

Hey guys,
After successfully backtested my strategy, what to do next before go LIVE?
Please advice. Thanks

[NinjaTrader_Jason]

Hello philxhong,

I suggest to take a look at the following link below, which will inform you regarding the discrepancies between running a strategy real-time and backtesting it.

http://www.ninjatrader-support.com/HelpGuideV6/DiscrepanciesReal-TimeVsBacktest.html

You can run a strategy in real-time using a chart or the Strategy-tab.

Chart:

http://www.ninjatrader-support.com/HelpGuideV6/RunningANinjaScriptStrategyFromAChart.html

Strategy-tab:

http://www.ninjatrader-support.com/HelpGuideV6/RunningANinjaScriptStrategyFromStrategiesTab.html

In addition, I recommend to read the information at the following link as well that will provide information regarding account and strategy positions.

http://www.ninjatrader-support2.com/vb/showthread.php?t=4033

[philxhong]

Thank you very much Jason, the links were helpful.
Strategy Position vs. Account Position
An extremely common scenario…

An extremely common scenario is starting a NinjaScript strategy in the middle of a trading session, such as one hour after the session has begun. The NinjaScript strategy is run on each historical bar for the 1st hour of the session (it will actually run on all historical data loaded in a chart) to determine the current position state it would be in if it had been running live since the start of the session. This position state then becomes the Strategy Position for your strategy. Let us assume that during the historical hour your strategy would have entered a LONG 1 position and the position is still open. This would mean the Strategy Position is LONG 1 and since this trade was not actually executed on an account your Account Position is FLAT.

What if I do submit a manual order to sync my account? Assuming this is a live real-money account, was the order that I submitted virtual or real(real-money).

[NinjaTrader_Jason]

The order would be real.

[philxhong]

Jason, If the trade was real my Account Position now has one Short position and Strategy position is flat. Still out of sync.

[NinjaTrader_JoshP]

Not sure what the issue is. You need to sync your account position with the strategy position manually beforehand.